Econometrics of financial markets 
                     ECTS Points*       Hours           Year:        Semester:      Status*      Language: 
                           4         Lectures: 15    2017/2018        summer          wdw         English 
                  
                 Lecture Teacher: Sabina Nowak, PhD 
                 E-mail: sabina.nowak@ug.edu.pl 
                 Content/ Course Description: 
                 Foundations of efficient market theory and its critics. Forms of market efficiency with 
                 appropriate methods of testing. 
                 Basics of market microstructure theory. The bid-ask spread and its components. 
                 Modeling transactions data. 
                 Event study analysis. Measuring and analyzing abnormal returns. 
                 Modelling volatility: characteristics of volatility, structure of volatility model, steps in 
                 building the ARCH and GARCH models. 
                 Bibliography: 
                 Campbell J.Y., Lo A.W., MacKinlay A.C., The econometrics of financial markets, 
                 Princeton University Press, New Jersey 1997. 
                 Cuthbertson K., Nitzsche D., Quantitative financial economics. Stocks, bonds and 
                                       nd
                 foreign exchange, 2  ed., John Wiley & Sons, Chichester 2004. 
                 De Jong F., Rindi B., The microstructure of financial markets, Cambridge University 
                 Press, Cambridge 2009. 
                 Fama E.F., Efficient capital market: A review of theory and empirical work, ‘Journal 
                 of Finance’, 1970, vol. 25, no. 2, pp. 383-415. 
                 Fama E.F., Efficient capital markets II, ,Journal of Finance’, 1991, vol. 46, no. 5, pp. 
                 1575-1617. 
                 MacKinlay A.C., Event studies in economics and finance, ‘Journal of Economic 
                 Literature’ 1997, vol.  35, no. 1, pp. 13-39. 
                 Maddala G.S., Introduction to econometrics, John Wiley & Sons, Chichester 2001.  
                                                                                                       rd
                 Mills T.C., Markellos R.N., The econometric modelling of financial time series, 3  ed., 
                 Cambridge University Press, Cambridge 2008. 
                 Ramanathan  R.,  Introductory  econometrics  with  applications,  South–Western, 
                 Mason 2002. 
                 Grading: Written report discussed with the lecturer, oral presentation, class 
                 participation 
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                                                   Integrated product development 
                               ECTS Points*         Hours             Year:          Semester:         Status*        Language: 
                                     4            Lectures: 15      2017/2018         summer           enrolled       English 
                      
                     Lecture Teacher:  Sylwia Badowska, PhD 
                      
                     E-mail: sylwia.badowska@ug.edu.pl 
                       
                     Content/ Course Description: 
                     Introduction to the lecture - 1 h 
                     Lecture - 6h 
                             Definition of new product development  
                             Strategy of new product development 
                             Generating and screening ideas for new products   
                             New product concept development and screening  
                             Business analysis of new products  
                             New product prototypes and market testing  
                             Launching and commercialising new products  
                          Workshop and tutorial – 6 h 
                          Assignment - 2 h 
                      
                     Bibliography: 
                             Ph. Kotler, G. Amstrong,  Principles of Marketing (15th Edition), 
                             Ph. Kotler, K. Keller, Marketing Management (14 th edition) 
                             Ph. Kotler, H. Kartajaya, I. Setiawan,  Marketing 3.0: From Products 
                              to Customers to the Human Spirit  
                             W. Chan Kim, R. Mauborgne, Blue Ocean Strategy: How to Create 
                              Uncontested Market Space and Make Competition Irrelevant 
                             A. Ries,  J.Trout,  Positioning 
                           
                     Grading: 
                      
                             Assignment: test and project report  
                             Passing by receiving at least 50% of points 
                               
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                                                      Introduction to Linux in Business 
                                  ECTS Points*          Hours            Year:         Semester:      Status* wdw      Language: 
                                       4             Lectures: 15      2017/2018        summer                        English 
                      
                     Lecture Teacher: Jacek Maślankowski, Ph.D. 
                     E-mail: jacek.maslankowski@ug.edu.pl 
                       
                     Content/ Course Description: 
                     1. Security in Linux filesystem 
                     2. System backup, working with users and groups 
                     3. Configuration of network services and servers 
                     4. IP Tables – firewall in Linux 
                     5. Virtual Private Networks 
                     6. Diagnostic and monitoring tools 
                     7. Linux management 
                     Bibliography: 
                     Documentation of Linux Debian systems https://www.debian.org/doc 
                     Petersen R., Linux: The Complete Reference, Sixth Edition, 2007 
                     Nemeth E., Snyder G., Hein T.R., Whaley B., Unix and Linux System Administration 
                     Handbook, 2010 
                     Shotts W.E., The Linux Command Line: A Complete Introduction 1st Edition, 2013 
                     Grading 
                     Exercise (up to 20 minutes) based on the practical examples from lectures 
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                                                        Mergers and Acquisitions 
                                                                             
                              ECTS Points*         Hours              Year:          Semester:      Status* wdw       Language: 
                                    4            Lectures: 15      2017/2018          summer                          English 
                      
                     Lecture Teacher: Angelika Kędzierska-Szczepaniak, Ph.D. 
                     E-mail: a.szczepaniak@ug.edu.pl 
                       
                     Content/ Course Description: 
                          1.  The development and the history of M&A - merger waves, 
                          2.  Types of M&A, 
                          3.  Forms of takeovers (friendly and hostile takeovers, horizontal, vertical, 
                              concentric  and  conglomerate integration,  leveraged  buy-out  (LBO), 
                              defensive and aggressive takeovers, strategic and bargain),  
                          4.  Reasons of M&A for buyers and sellers,  
                          5.  The structure of the corporate control market (companies, holdings, 
                              managers’ groups, venture capital, investments funds, banking sector), 
                          6.  International and national takeovers,  
                          7.  Examples of spectacular M&A. 
                     Bibliography: 
                          S. Sudarsanam: The Essence of Mergers and Acquisitions, Prentice Hall 
                          Europe,1995 
                          G.P. Baker, G.D. Smith: The New Financial Capitalists. KKR and the 
                          Creation of Corporate Value, Cambridge University Press, Cambridge 
                          1998;  
                          R. Brealey, S. Myers: Fundamentals of Corporate Finance, McGraw-Hill, 
                          New York, 1995;  
                          J. C. Hooke: M&A. A Practical Guide to Doing the Deal; John Wiley & 
                          Sons, 1999;  
                          J.  Marren:  Mergers  and  Acquisitions.  A  Valuation  Handbook,  Irwin, 
                          Chicago 1993; internet, np.:www.mergerstat.com; www.pwc.com 
                     Grading 
                             Assignment: activity during classes, test or project report  
                             Passing by receiving at least 50% of points